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In this presentation, Bharath introduces the filed of Analytics and talks about how this is important. He feels that predictive analytics will be the next big thing and he wants to use the same to prevent crime.
Analytics is the systematic analysis of data
or statistics which is applied in business data
to describe, predict and improve the
performance of business.
It is a multi dimensional discipline which
takes extensive use of mathematics and
statistics, descriptive techniques and
models to gain knowledge from data and
For example consider if a company is
releasing a product and that product has
not reached well to the people and it
attained loss to the company.
In this case they may use analytics model
to check why the product is a failure and
collect data regarding it and eradicate
the flaws in the product through it and
improve the success of the product.
Analytics is rapidly emerging trend in this
Every business is profit driven which makes this
With the help of analytics, one can
succeed in business, marketing etc.,
There are several areas in Analytics like
Predictive analytics, Retail analytics, Web
analytics, Fraud Analytics, Risk Analysis,etc.,
I believe in next five years Predictive
Analytics will be a major sector which will
have a greater impact of Analytics.
It is due to Business men, Educational
institution, Social entertainment people,
Retails and cost price business can utilize
predictive analytics and increase their
I can suggest a solution to a existing
problem of increasing CRIME RATE using
Using Predictive analytics ,the criminals
data can be collected from real time
feeds of public and police database
which are processed and it gives a
glimpse into where and when crimes are
likely to happen in a graphical manner.
This helps the police department to
reduce crimes which in turn helps the
people to have a secured life.
Predictive analytics using Big Data, Web
Analytics, Fraud analytics are my favorite
areas in analytics.
I will fully utilize the best ever training given
by the Mphasis Company and learn new
things and unleash my potential and
complete my dream successfully.